<ul data-eligibleForWebStory="true"><li>MakeMyTrip plans to raise $3 billion through equity and debt sale to buy back shares from Trip.com Group.</li><li>The funds will be used to limit Trip.com Group's stake and presence on MakeMyTrip's board.</li><li>MakeMyTrip proposed a primary offering of 14 million ordinary shares with an option for underwriters to purchase additional shares.</li><li>The company also plans to offer $1.25 billion worth of convertible senior notes to qualified institutional buyers.</li><li>The notes are scheduled to mature in 2030, with initial purchasers having an option to buy additional notes.</li></ul>

MakeMyTrip looks to raise $3 billion to recoup stake from China's Trip. com

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